My unit is received.  Hosted.  Mining.

Another 1M sold, looking to sell 1M more for now.

90% PPS is fine and I would expect you to take a nice, safe management fee of around 10% anyway. So yea to 90% PPS.

But please do NOT introduce a sale structure where some people can buy shares at .40 and others at .30. That is what sunk mining bonds earlier; People were getting large orders of mining bonds at up to 20% off, and then flipping them. All it does is take money out of your pocket and give it to other people because THEIR shares have to sell FIRST, before you see new money coming into the company. So this does not make sense.

it is vastly different if you are giving 5% off to a fund like BMF that is willing to buy in with 1000, 2000, 3000 shares vs. someone who does not run a fund, because the people like me who run funds tend to hold the stocks for a very long time. For example when we bought our core 100 shares of Gigamining back in the day, we kept them for literally forever. Now we have 250. So please don't do a deal like this where some people get 25 and 30% off list price. Just have a flat fee of .30 or .35 for the cost of the equipment only (if you're taking 10% please don't take too much on the bond issue, some bond issuers try to sell for 2x what the hardware costs and I don't think that's a good thing to do). Consider going non-deterministic. If you have to give a discount, give a small discount to funds or people you know are not just trying to flip shares.

1. I believe tiered pricing is not beneficial to your shareholders on a whole, and puts all of your small investors (likely the majority of the community looking to invest in Teramining) at a disadvantage.

2. I am all for 90% PPS; so long as the contract clearly illustrates what the other 10% would be utilized for to keep Teramining sustainable.

• Would the 10% PPS go toward growing the mining operation further in attempt to off-set the growth of the total network hashrate?
• Would the 10% PPS be a management fee?
• Would it be a combination of growth/fee, or something else entirely?

There have been many ups and downs (or downs and ups).

It just goes to show you: when they bets are made over and over again, even when the bets are BTC200+ the laws of averages still can't be beat.

With NEW INVITES going out, can anyone comment on the level of Admin/OP communication/interaction/support in the #GPUMAX IRC channel ?

I don't think that Zach/zux0r had an active account here on the forum and obviously Trendon/pirateat40 hasn't posted about the subject in quite some time.

I tried to keep up to date myself in the past, but it seems now, or at least as of late, I am no longer welcome in any pirateat40-related IRC channels.

Cheers,
bitlane

Have any of the facts I recapped in the previous post materially changed, like Teramining terms?

(1) 160Gh/s mining on GPUMax at 114% PPS (Pirate's related pool which appears to have some problems).

Now James Gibson (gigavps) everyone knows you don't like me. Everyone knows your opinion in this matter, you have expressed it and I am going to let it go without further reaction. However please keep this in mind for your future posts both in this thread and in others. I am not going to be bullied by you anymore and I am not going to allow you to commit Slander and Defamation against myself and my business any longer. You are spreading information that you have no proof of simply to discredit me and my business and in your state of Florida and my state of New York that is criminal libel and is a first-degree misdemeanor.

Nothing would please me more than to see you as a defendant in court, but I am willing to move forward - you expressed yourself and your opinions and that is fine, but if you continue your slanderous remarks to try and discredit me and harm my business I will move forward with legal action. I am not joking.

Since he's not a public company, he doesn't need to reveal his investors or methods of funding.

So the critical question is: How long can Gigavps continue to in full on time as agreed?

When/how do we get paid? I've earned my first btc with coinlab, I'd like to pull it out.

Can you?

And here we go again, brief disconnections and lots and lots of stales.
Yes, my setup is working OK on other pools.

Edit hours later: OK, I got enough of this, my rigs are spinning up/spinning down in a loop and fans are acting like crazy while the website (also almost impossible to connect to) is warning me that my i am not sending any share, go figure.

Switching manually to Eclipse.

So my question is this, what is the psychological effect that is causing people to sell instead of buy? Gigamining pays outstaning dividends (though the yield is dropping slowly) so why aren't people snapping it up like candy? The price is based on demand, not on difficulty, correct?

Compared to buying or holding fixed MH mining bonds, clearly buying or holding BTC is definitely the smarter choice.

If you can short these bonds, even better. Will you lend me some of yours?

Where did you read me saying anything like that? Ive commended you for it plenty times, but it doesnt change the fact that its almost certainly not going to be nearly enough to offset bond holder losses. Are you recommending people buy and hold your bonds at current market price?

A lot of the responses already cover most of your questions. When I read your post I sensed a level of panic, and I would like to add two things to be mindful of:

1. A sudden drop in share price is not definitively caused by disruptions to the business process. If a share price falls, the underlying backing will not just shrivel up and die. However, if an underlying backing hits trouble, it is quite likely that the share price will act accordingly.

2. With #1 said; If you subscribe to the ideas of value investing - think of a sudden drop in share price as an 'on sale' opportunity. If you bought a security @ .9 and it falls to .45 and the fundamentals are approximately the same, then the security should appear much more appealing. Many savvy investors will wait for such market occurrences and will gobble up as many cheap shares as they can.

Consider this quote: "Price is what you pay, value is what you get." -Warren Buffett

If you appreciate what I have said, I encourage you and anyone looking to gain an immense amount of knowledge about investing to acquire a copy of "Security Analysis." It was written by Ben Graham in 1934 and the book is still entirely applicable to the markets of today's modern society. The most recent version has a forward by Warren Buffett (one of Ben Grahams students) and commentary by some well respected minds within the economics community. I also recommend "The Intelligent Investor" which was written by Mr. Graham and covers much of the same material but in a less detailed and more easily understandable fashion. Even without any formal schooling in economics, the writings of Ben Graham can take someone a very long way.

*It should be noted, as gigavps said, that GIGAMINING is a bond for a fixed rate of hashing power. With a likely continual increase in difficulty, the ROI will likely decay accordingly. There is a long list of variables to consider before being able to determine what kind of value a share represents. Much of Graham's focus in his writings was on commons stocks and not bonds, as they are two different animals entirely.